that I look at what the lowest shipping schedule and cost can be based on data that he has provided. He wants to know what the lowest possible cost of shipping will can be. Mr. Wu is also considering increasing production at the Shanghai factory from 1‚300 to 2‚800 units‚ and wants to ensure that this growth will be an affordable choice. The first chart that was given lists the factory capacity and what each warehouse demand is. The second chart lists the price of shipping from each factory to each warehouse
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between authorising sales‚ shipping goods‚ and recording sales? Observe and make inquiries about the performance of various functions and duties. 3. Does management compare all shipments with recorded sales to ensure that all sales are recorded? Submit test data for a transaction that has shipping information‚ both with and without a supporting sales invoice. Select a sample of sales invoices and examine for evidence that the company compared details to shipping documents‚ purchase orders
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Cologne Company Credit Sales System Internal Control Strengths Strength Segregation of Functions 1. Segregation among sales‚ stores‚ shipping‚ and accounts receivable. Authorization 2. Credit sales are approved before shipment. 3. Sales orders are approved. 4. Credit memos are approved. Input Controls 5. Invoices are prenumbered and controlled. 6. Shipping documents are prenumbered. 7. Credit memos are prenumbered and controlled. Processing Controls 8. Accounts are aged periodically. 9
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act as you go‚ you calculate cost and good so that entry act paid. o Beg inventory + Purchase = Good available for sale – end inventory= COGS. ▪ FOB shipping point o Seller (title transfer to buyer) -> truck ( buyer owns) -> buyer ( buyer pay the shipping) ▪ FOB destination o Seller(pay the shipping) ->truck(seller owns buyer) ->buyer( title transfer to seller) ▪ Credit terms: 2/10‚ n/30 2% discount if the amount is paid within 10days‚ with the balance due
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Project Overview � PAGE * MERGEFORMAT �19� Current Market Trends and Conditions-FedEx March 15‚ 2010 University of Phoenix FEDEX - CURRENT MARKET TRENDS AND CONDITIONS The purpose of this paper is review the current market trends and conditions for FedEx. There are numerous ways that a company can become a success or become a failure. The market trends and conditions are just of those reasons. Team A has analyzed the market trends and conditions by reviewing FedEx’s operating structure‚ competitors
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for the correct one or for a refund. Consumers may need to contact the retailer‚ visit the post office and pay return shipping‚ and then wait for a replacement or refund. Some online companies have more generous return policies to compensate for the traditional advantage of physical stores. For example‚ the online shoe retailer Zappos.com includes labels for free return shipping‚ and does not charge a restocking fee‚ even for returns which are not the result of merchant error. (Note: In the United
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requires a single unifying method to deliver a solution using computer systems. Riordan Manufacturing’s inventory management and control system is split into three categories. These include raw materials receiving; manufacturing; and final product shipping. Each of those three areas requires improvement in the process through upgrades of existing computer systems. In addition‚ new computer and inventory tracking technology should be implemented to increase automation‚ reduce storage of materials costs
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from faster response time and lower shipping costs because the shippers have more options to take. There would be an increased utilization of facilities and can operate under greater flexibility. However‚ with increased transshipment centers‚ the benefits come at a cost of uncertainty. There would be an inevitable increase in risk Bloomex might potentially face. The trade-off Bloomex makes from choosing Option C compared to Option A would be reducing shipping costs and response time greatly but may
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requirement. What is customer requirement? How is it defined? What is its effect on the flow and storage‚ the planning and implementing and controlling – these are all very key concepts. Qu. what are some examples Ans. Shipping itself. How do you bring the service to the customers? Shipping
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costs are $0.50 per meter less thanat the EI Paso plant. Due to the company’s rapid growth‚ not much attention had been paid to the efficiency of its supply chain‚ but Darby’s management decided that it is time to address this issue. The cost of shipping a meter from each of the two plants to each of the three distribution centers is shown in Table 10.10. The quarterly production capacity is 30‚000 meters at the older EI Paso plant and 20‚000 meters at the San Bernardino plant. Note that no shipments
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